About Spalon
Spalon is a company based in Chennai (India) founded in 1989 by Latha Chandra Mohan was acquired by JCB in July 2024.. Spalon has raised $4.7 million across 1 funding round from investors including JCB and ASK Pravi. The company has 524 employees as of April 06, 2024. Spalon offers products and services including Salon Services and Training Programs.
- Headquarter Chennai, India
- Employees 524 as on 06 Apr, 2024
- Founders Latha Chandra Mohan
- Stage Minicorn
-
Sectors
Retail
-
Phone
*********
-
Website
*********
- Legal Name Spalon India Private Limited
- Date of Incorporation 31 Dec, 2008
- Jurisdiction Chennai, Tamil Nadu, India
-
Annual Revenue
$9.44 M (USD)63.06as on Mar 31, 2023
-
Net Profit
$1.51 M (USD)929.97as on Mar 31, 2023
-
EBITDA
$2.39 M (USD)171.35as on Mar 31, 2023
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Total Equity Funding
$4.7 M (USD)
in 1 rounds
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Latest Funding Round
$4.7 M (USD), Private Equity Round
Dec 28, 2014
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Investors
JCB
& 1 more
-
Employee Count
524
as on Apr 06, 2024
-
Acquired by
JCB
(Jul 17, 2024)
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Products & Services of Spalon
Spalon offers a comprehensive portfolio of products and services, including Salon Services and Training Programs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Beauty treatments are provided to cater to individual needs, focusing on hair, wellness, and personalized care.
Comprehensive training in hairstyling and beauty techniques is offered through academies to develop professional skills.
Funding Insights of Spalon
Spalon has successfully raised a total of $4.7M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $4.7 million completed in December 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $4.7M
-
First Round
First Round
(28 Dec 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2014 | Amount | Private Equity Round - Spalon | Valuation | ASK Pravi |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Spalon
Spalon has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include JCB and ASK Pravi. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
PE firm investing in India
|
Founded Year | Domain | Location | |
|
Earthmoving and construction equipment are manufactured by JCB worldwide.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Spalon
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Spalon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Spalon Comparisons
Competitors of Spalon
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Spalon
When was Spalon founded?
Spalon was founded in 1989 and raised its 1st funding round 25 years after it was founded.
Where is Spalon located?
Spalon is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Is Spalon a funded company?
Spalon is a funded company, having raised a total of $4.7M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $4.7M, raised on Dec 28, 2014.
How many employees does Spalon have?
As of Apr 06, 2024, the latest employee count at Spalon is 524.
What is the annual revenue of Spalon?
Annual revenue of Spalon is $9.44M as on Mar 31, 2023.
What does Spalon do?
Spalon was founded in 1989 in Chennai, India, focusing on the beauty and wellness sector. Multiple salon chains are managed, providing services such as hair care, grooming, and spa treatments. Operations are centered in urban areas of India, with the domain spalon.in used for online presence. The company is co-founded by Latha Chandra Mohan, whose details include DIN 02413310 and PAN AABPL3991Q.
What products or services does Spalon offer?
Spalon offers Salon Services and Training Programs.
What is Spalon's valuation?
The valuation of Spalon is $13.93M as of Dec 2014.
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